Housing Market Analysis for PENZANCE ROAD, IP5 1LG

Are you looking to understand IP5 1LG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Suffolk postcode.

For the location information and nearby amenities in the IP5 1LG area, explore the IP5 1LG Area information page.
For comprehensive crime statistics in the IP5 1LG area, explore the IP5 1LG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP5 1LG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £214,833 median price is £208,500 Standard Deviation is £83,736 with Total Sold: 12
    • The Last 5 Year average price is £312,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 75 PENZANCE ROAD: £344,000 (Sold on 22 Mar 2021)
    • The first recorded sale happened at this postcode is 71 PENZANCE ROAD: £60,000 (Sold on 21 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP5 1LG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£344,000 £4,354 1
2020£280,000 £3,333 1
2014£282,500 £3,015 3
2010£182,000 £2,454 1
2009£220,0001
2003£183,5002
2002£150,0001
2000£127,5001
1995£60,0001

All the Sales in the PENZANCE ROAD, IP5 1LG

See the table below for more details on the sold house prices in the IP5 1LG, East Suffolk postcode.

AddressSold DatePrice% Change
75 PENZANCE ROADDetached, FreeholdArea: 79 Sq.mtrAge: 1950-196622 Mar 2021£344,000First Sale
67 PENZANCE ROADDetached, FreeholdArea: 84 Sq.mtrAge: 1967-197526 Mar 2020£280,000First Sale
77 PENZANCE ROADDetached, FreeholdArea: 74.15 Sq.mtrAge: 1950-196628 Nov 2014£237,50030.49%
22 Oct 2010£182,000First Sale
59 PENZANCE ROADDetached, FreeholdArea: 117 Sq.mtrAge: 1950-196607 Nov 2014£365,000First Sale
53A PENZANCE ROADDetached, FreeholdArea: 90 Sq.mtrAge: 1950-196631 Jul 2014£245,000First Sale
63 PENZANCE ROADDetached, Freehold20 Feb 2009£220,00011.68%
11 Jul 2003£197,00031.33%
08 Nov 2002£150,000First Sale
61 PENZANCE ROADDetached, Freehold14 Aug 2003£170,000First Sale
57 PENZANCE ROADDetached, Freehold01 Dec 2000£127,500First Sale
71 PENZANCE ROADDetached, Freehold21 Apr 1995£60,000First Sale

Check out the sold house prices near the IP5 1LG postcode. Properties currently for saleProperties currently for rent

PENZANCE ROAD, IP5 1LG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP5 1LG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP5 1LG postcode.

  • Detached
    • The average price is around £200,657 median price is £182,000 Standard Deviation is £107,670 with Total Sold: 1,008
    • The Last 5 Year average price is £366,494 with Total Sold: 125
    • The most recent sale happened at this postcode is , 16 ST AGNES WAY: £385,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 41 CAMBRIDGE ROAD: £52,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £164,445 median price is £162,000 Standard Deviation is £85,293 with Total Sold: 630
    • The Last 5 Year average price is £292,468 with Total Sold: 94
    • The most recent sale happened at this postcode is , 20 GLANVILLE PLACE: £170,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 38 CEDAR AVENUE: £46,000 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £107,850 median price is £80,000 Standard Deviation is £79,331 with Total Sold: 5
    • The Last 5 Year average price is £191,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 13 PENZANCE ROAD: £250,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , 68 HOLLY ROAD: £33,750 (Sold on 02 Mar 2010)
  • Terraced
    • The average price is around £135,016 median price is £138,000 Standard Deviation is £70,677 with Total Sold: 91
    • The Last 5 Year average price is £240,214 with Total Sold: 14
    • The most recent sale happened at this postcode is , 20 YEWTREE GROVE: £225,000 (Sold on 17 Oct 2023)
    • The first recorded sale happened at this postcode is , 118 TRINITY CLOSE: £45,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £102,664 median price is £107,500 Standard Deviation is £43,829 with Total Sold: 32
    • The Last 5 Year average price is £156,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , 10 HEATH VIEW: £128,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , 18 HEATH VIEW: £24,000 (Sold on 30 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£397,500 £4,078 7
2023£444,625 £3,772 16
2022£423,100 £4,510 15
2021£360,626 £3,722 42
2020£318,407 £3,429 27
2019£323,639 £3,274 18
2018£341,296 £3,484 24
2017£328,355 £3,701 31
2016£310,274 £3,044 20
2015£270,846 £2,697 26
2014£288,750 £2,566 28
2013£243,115 £2,545 26
2012£249,222 £2,577 36
2011£233,793 £2,491 17
2010£236,115 £2,279 13
2009£196,110 £2,094 27
2008£237,400 £2,328 20
2007£232,933 £2,394 33
2006£214,615 £1,969 38
2005£207,053 £1,940 40
2004£202,829 £1,923 37
2003£177,284 £1,779 28
2002£170,658 £1,519 41
2001£142,659 £1,300 36
2000£138,900 £1,194 56
1999£111,510 £1,061 35
1998£97,364 £897 55
1997£92,982 £769 64
1996£86,110 £789 78
1995£80,254 £727 74
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,500 £4,211 4
2023£287,462 £3,570 13
2022£361,611 £4,198 18
2021£298,869 £3,671 23
2020£263,833 £3,609 15
2019£255,071 £3,426 21
2018£249,367 £3,616 15
2017£239,475 £3,225 20
2016£244,294 £3,131 17
2015£215,488 £2,863 20
2014£209,014 £2,739 17
2013£179,344 £2,445 25
2012£177,903 £2,249 15
2011£170,809 £2,168 21
2010£177,097 £2,138 18
2009£149,367 £2,108 23
2008£172,428 £2,433 14
2007£184,096 £2,335 30
2006£167,629 £2,006 15
2005£154,227 £1,836 33
2004£152,213 £1,869 22
2003£139,742 £1,712 25
2002£117,147 £1,409 33
2001£103,132 £1,353 19
2000£89,073 £1,012 22
1999£72,637 £919 27
1998£65,420 £794 22
1997£56,722 £777 30
1996£56,478 £785 27
1995£54,052 £738 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2019£133,500 £819 1
2016£61,000 £884 2
2010£33,750 £412 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£262,500 £4,622 2
2022£262,699 £3,508 5
2021£243,500 £3,893 2
2020£207,500 £2,986 5
2018£179,667 £2,325 3
2017£218,399 £3,115 5
2016£141,000 £1,685 1
2015£162,532 £3,023 3
2014£150,500 £2,894 1
2013£141,000 £2,288 4
2011£184,333 £2,146 3
2010£151,750 £2,384 2
2009£132,500 £1,820 2
2008£145,333 £2,223 3
2007£168,749 £2,674 4
2006£148,167 £2,176 3
2005£130,333 £2,202 3
2004£105,429 £1,645 7
2003£119,9951
2002£101,825 £1,469 6
2001£49,667 £524 3
2000£80,475 £1,238 2
1999£57,998 £1,070 5
1998£50,625 £601 2
1997£54,321 £664 7
1996£38,0504
1995£59,583 £591 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£128,000 £2,977 1
2022£177,333 £2,583 3
2021£175,000 £2,536 1
2020£116,000 £2,698 1
2019£145,000 £2,132 1
2018£149,9501
2016£147,000 £2,130 1
2015£104,749 £1,726 4
2013£70,000 £1,628 1
2012£107,750 £1,412 2
2011£102,000 £1,500 1
2009£91,500 £1,568 2
2007£118,000 £1,573 2
2006£86,998 £1,443 2
2004£96,750 £1,149 2
2003£59,000 £855 1
2002£61,900 £685 2
1999£26,250 £417 2
1998£40,0001
1995£24,000 £280 1

House Type in IP5 1LG area

The most common house types in the IP5 1LG postcode area are Semi-detached (88), Detached (32), and Terraced (1).

Total121
Semi-detached88
Detached32
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright91
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP5 1LG have 2 people in household (54), and 1 person in household (45).

2 people in household54
1 person in household45
3 people in household12
4 people in household8
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0